On June 2, 1999, the face amount of marketable U.S. government securities held in custody by theFederal Reserve Banks for foreign official and international accounts was 602,173 million, a change of +$ 6,858 million for the week. The total includes the face value of U.S. Treasury strips and other zerocoupon bonds.1 Net of $ 18,119 million daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of $ 17,928 million was with foreign official and international accounts. Includes securities loaned--fully secured by U.S. government securities.2 Net of $ 19,309 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $ 17,971 million was with foreign official and international accounts. Includes $ 838 million securities loaned--fully secured U.S. government securities.3 Includes $ 4,740 million of inflation-indexed securities valued at the original face amount and $ 117 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Consists of required clearing balances of $ 6,580 million and adjustments of $ 308 million to compensate for float.5 Excludes required clearing balances and adjustments to compensate for float.

* Estimated (Treasury's figures).Components may not add to totals due to rounding.

Worksheet for H.4.1 (a)

CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKSMillions of Dollars

Change Since

ASSETS

*

Wednesday Jun 2, 1999

Wednesday May 26, 1999

Wednesday Jun 3, 1998

Gold certificate account

11,048

0

0

Special drawing rights certificate account

8,200

0

- 1,000

Coin

348

- 33

- 35

Loans

110

- 9

- 224

Acceptances

0

0

0

Federal agency obligations

Bought outright

311

0

- 240

Held under repurchase agreements (1)

2,867

- 655

+ 1,537

U.S. government securities

Bought outright--Bills

196,390

- 669

- 2,688

Notes (2)

207,109

+ 984

+ 26,519

Bonds (3)

77,704

+ 171

+ 15,790

Total bought outright (4)

481,204

+ 486

+ 39,622

Held under repurchase agreements (1)

2,634

+ 158

- 1,560

Total U.S. government securities

483,838

+ 644

+ 38,062

Total loans and securities

487,126

- 19

+ 39,135

Items in process of collection

(587)

13,053

+ 5,954

+ 4,345

Bank premises

1,315

- 1

+ 29

Other assets (5)

30,306

- 209

+ 833

TOTAL ASSETS

(587)

551,395

+ 5,691

+ 43,305

LIABILITIES

Federal Reserve notes

503,601

+ 3,472

+ 46,657

Deposits

Depository institutions

14,549

- 1,433

- 6,971

U.S. Treasury--general account

4,979

- 122

- 232

Foreign--official accounts

270

+ 59

+ 108

Other

(0)

266

+ 31

- 68

Total deposits

(0)

20,064

- 1,465

- 7,163

Deferred availability cash items

(587)

10,619

+ 3,692

+ 3,154

Other liabilities and accrued dividends (6)

4,333

+ 148

- 574

TOTAL LIABILITIES

(587)

538,617

+ 5,848

+ 42,075

CAPITAL ACCOUNTS

Capital paid in

6,247

+ 9

+ 521

Surplus

5,952

0

+ 732

Other capital accounts

579

- 166

- 22

*Figures in parentheses are the eliminations made in the consolidation process.1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ 0 million was outstanding at the end of the latest statement week.2 Includes $ 3,570 million of inflation-indexed securities valued at the original face amount and $ 99 million of compensation that adjusts for the effects of inflation on the principal of such securities.3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and $ 18 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Net of $ 19,309 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 838 million securities loaned--fully secured by U.S. government securities.5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 0 million in Treasury bills maturing within 90 days.6 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.

MATURITY DISTRIBUTION OF LOANS AND SECURITIES, June 2, 1999Holdings of securities include securitites held under repurchase agreements, which are classified accordingto remaining maturity.

Millions of dollars

U.S. government securities (1)

Federal agency obligations

Loans

Acceptances

Holdings

Weekly changes

Holdings

Weekly changes

Within 15 days

37

0

Within 15 days

17,182

- 1,395

2,915

- 655

16 to 90 days

73

0

16 to 90 days

93,767

- 4,166

25

+ 11

Over 90 days

0

0

91 days to 1 year

139,774

+ 5,524

68

- 11

Over 1 to 5 years

121,096

- 339

20

0

Over 5 to 10 years

49,404

+ 874

150

0

Over 10 years

62,615

+ 146

0

0

Total

110

0

Total

483,838

+ 644

3,178

- 655

1 Includes $ 4,740 million of inflation-indexed securities valued at the original face amount and $ 117 million of compensation that adjusts for the effects of inflation on the principal of such securities.Components may not add to totals due to rounding.

H.4.1 (b)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 2, 1999Millions of dollars

ASSETS

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Gold certificate account

11,048

533

4,435

319

566

834

724

993

337

140

313

575

1,279

Special drawing rights certif. acct.

8,200

406

3,215

247

396

683

596

725

232

103

231

451

915

Coin

348

13

12

45

13

41

39

38

16

24

23

41

44

Loans

110

2

7

0

0

0

8

12

24

29

19

0

8

Acceptances

0

0

0

0

0

0

0

0

0

0

0

0

0

Federal agency obligations

Bought outright

311

16

124

9

18

23

19

29

10

4

9

15

33

Held under repurchase agreements(1)

2,867

0

2,867

0

0

0

0

0

0

0

0

0

0

U.S. government securities

Bought outright--Bills

196,390

10,156

78,212

5,882

11,368

14,774

11,954

18,445

6,460

2,349

5,889

9,786

21,115

Notes (2)

207,109

10,710

82,480

6,203

11,988

15,581

12,607

19,452

6,813

2,477

6,211

10,320

22,268

Bonds (3)

77,704

4,018

30,945

2,327

4,498

5,846

4,730

7,298

2,556

929

2,330

3,872

8,355

Total bought outright(4)

481,204

24,885

191,637

14,413

27,854

36,201

29,290

45,195

15,829

5,755

14,430

23,977

51,737

Held under repurchase agreements(1)

2,634

0

2,634

0

0

0

0

0

0

0

0

0

0

Total U.S.govt. securities

483,838

24,885

194,271

14,413

27,854

36,201

29,290

45,195

15,829

5,755

14,430

23,977

51,737

Total loans and securities

487,126

24,903

197,269

14,422

27,872

36,224

29,317

45,236

15,863

5,788

14,458

23,993

51,779

Items in process of collection

13,640

759

1,398

655

899

1,332

1,725

1,117

700

1,033

781

386

2,857

Bank premises

1,315

93

162

50

157

124

98

106

31

129

52

148

164

Other assets(5)

30,306

1,360

10,071

923

1,786

4,205

1,955

2,695

747

697

761

1,243

3,862

Interdistrict settlement account

0

+ 781

- 5,230

+ 6,185

- 1,589

-11,031

- 1,958

+ 9,757

+ 2,725

- 3,455

+ 2,797

- 16

+ 1,034

TOTAL ASSETS

551,982

28,848

211,332

22,845

30,100

32,413

32,496

60,667

20,652

4,459

19,416

26,820

61,934

1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ 0 was outstanding at the end of the latest statement week.2 Includes $ 3,570 million of inflation-indexed securities valued at the original face amount and $ 99 million of compensation that adjusts for the effects of inflation on the principal of such securities.3 Includes $ 1,170 million of inflation-indexed securities valued at the original face amount and $ 18 million of compensation that adjusts for the effects of inflation on the principal of such securities.4 Net of $ 19,309 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 838 million securities loaned--fully secured by U.S. government securities.5 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 0 million in Treasury bills maturing within 90 days.Components may not add to totals due to rounding.

H.4.1 (c)

STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON June 2, 1999Millions of dollars

LIABILITIES

Total

Boston

New York

Philadelphia

Cleveland

Richmond

Atlanta

Chicago

St. Louis

Minneapolis

Kansas City

Dallas

SanFrancisco

Federal Reserve notes

503,601

26,811

198,633

21,357

26,881

27,533

28,562

55,946

18,748

2,536

17,501

24,575

54,518

Deposits

Depository institutions

14,549

554

1,735

578

1,585

826

1,632

2,137

952

499

917

1,065

2,067

U.S. Treasury--general account

4,979

0

4,979

0

0

0

0

0

0

0

0

0

0

Foreign--official accounts

270

7

154

4

10

30

10

14

3

5

3

6

24

Other

266

2

140

1

1

93

6

1

1

0

12

2

6

Total deposits

20,064

563

7,009

584

1,596

950

1,649

2,152

956

504

933

1,073

2,097

Deferred credit items

11,206

657

1,381

335

544

985

1,125

929

488

897

489

509

2,865

Other liabilities and accrued dividends (1)

4,333

232

1,528

157

265

355

299

412

163

90

159

223

451

TOTAL LIABILITIES

539,204

28,262

208,551

22,434

29,285

29,823 ;

31,635

59,440

20,356

4,027

19,081

26,380

59,930

CAPITAL ACCOUNTS

Capital paid in

6,247

285

1,308

202

407

1,301

422

598

141

217

164

206

997

Surplus

5,952

267

1,208

177

399

1,238

418

583

121

202

140

227

972

Other capital accounts

579

33

265

32

9

52

20

47

35

14

31

6

35

TOTAL LIABILITIES AND CAPITAL ACCOUNTS

551,982

28,848

211,332

22,845

30,100

32,413

32,496

60,667

20,652

4,459

19,416

26,820

61,934

FEDERAL RESERVE AGENTS' ACCOUNTS

F.R. notes outstanding

713,123

32,173

284,289

24,591

32,974

51,396

47,810

68,765

23,872

11,218

23,498

35,955

76,582

Less--Held by F.R. Banks

209,521

5,362

85,656

3,234

6,093

23,863

19,248

12,819

5,123

8,682

5,997

11,379

22,064

F.R. notes, net

503,601

26,811

198,633

21,357

26,881

27,533

28,562

55,946

18,748

2,536

17,501

24,575

54,518

Collateral held against F.R. notes

Gold certificate account

11,048

Special drawing rights certificate account

8,200

Other eligible assets

0

U.S.govt. and agency securities

484,354

Total collateral

503,601

1 Includes exchange translation account reflecting the monthly revaluation at market exchange rates of foreign exchange commitments.Components may not add to totals due to rounding.